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Obama hopes to bring back US economy on track

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Agencies

Posted: Mar 23, 2009 at 1255 hrs IST

Washington In the midst of a global economic crisis, US President Barack Obama on Monday assured Americans that all his decisions are aimed at making sure that the economy starts moving again.

This is what he is focusing on, and not distracted by what is happening every day, Obama said in an interview to the ‘CBS news’.

"The one thing that I've tried to emphasize, though, throughout this week, and will continue to try to emphasize during the course of the next several months as we dig ourselves out of this economic hole that we're in, is we can't govern out of anger," Obama said.

"We've got to try to make good decisions based on the facts, in order to put people back to work, to get credit flowing again. I'm not going to be distracted by what's happening day to day. I've got to stay focused on making sure that we're getting this economy moving again," Obama said in his interview.

Obama said neither he nor his team was surprised over the angry reaction from the people on the AIG bonuses issue.

"I wasn't surprised by it. Our team wasn't surprised by it."

Referring to the legislation passed by the House of Representative which imposed a 90 per cent tax on the bonuses received by AIG executives, Obama said in general he thinks that legislations should not be targetted towards individuals.

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